data analytics

IT Trends and ERP

Enterprise Resource Planning (ERP) in particular has a lot to gain from adopting an open approach to new innovations. Here are the five technology trends that have shaped the development of ERP:

1.The Internet of things

The Internet of Things (IoT) is a concept that provides objects, such as cars and electrical appliances, with the capacity to transfer data over a network without requiring human interaction.

What is the Internet of Things (IoT)? | IT PRO

Thus, the integration of IoTs into ERP can help businesses grow to a new level. For example, you can then easily access information such as location, usage, and performance. As a result, ERP allows organizations to identify issues, i.e., locate unused assets and detect maintenance needs.

2.Wearable technology Best Wearable Tech from CES 2019 |

While much of the attention generated by wearables has focused on consumer propositions like fitness trackers, there are also a host of applications in the workplace. Augmented Reality enabled glasses like Google Glass will enable hands-free operations which can be of great benefit for many blue-collar workers.

Smartwatches are more easily accessible and are less prone to ‘accidents’ such as misplacement. Thus, they represent an advance in comparison to PDAs and smartphones. Devices that monitor external factors like UV exposure or heat can help improve the management of employee health.

3.Big data analytics

Organizations have become more dependent on IT. Therefore, they have accumulated a wealth of data that has been traditionally underutilized. As the IoT connects tools and employees to the internet, this data generation will grow exponentially.

How Big Data Analytics Solving Product Promotion Issues

By employing analytical tools, organizations can begin to use this data to make accurate predictions that form the basis of a more intelligent approach to business strategy.

4.The age of context

With businesses increasingly operating in a multichannel world, understanding the context is crucial to your performance. ERP software developers are working hard to find the best ways to show you:

  • the situation you’re in,
  • what information you would like to see, and
  • how you would like to see it.

PCs and mobile apps will increasingly integrate context-aware functionality to anticipate user needs and improve the efficiency of day to day tasks.

For example, a field service engineer will automatically receive all the asset data, job instructions, and customer relationship history as soon as they arrive at the repair site.

5.Opening business to innovation Creating a Culture of Innovation in Business

Over the next few years, technology like wearables, the IoT and big data analytics stand to reinvent business processes across many different industry sectors. Organizations need to keep an eye on technological advances, even those that may seem to be irrelevant.

  Source: Industry Week

Share this post